This week in Indian Startups funding news (29 Jan-03 Feb)

This week 16 startups received funding, out of which 13 were disclosed, who in total made a sum of about $612 million. Among them, BigBasket raised the highest investment of $300 million, followed by Zomato who raised $200 million.

Meanwhile, only three out of the total funded startups remained undisclosed.

Below is the summary of deals closed this week:

List of disclosed funding deals this week

Zomato: Alibaba-owned entity Alipay has pumped-in $200 million in food tech major Zomato. With this round, Zomato largest stakeholder Info Edge had diluted $50 million worth equity in the Gurugram-based company.

BigBasket: Alibaba led a Rs 1,921 crore ($300 million) Series E round in e-grocer BigBasket. Existing investors, including Abraaj Group, Sands Capital, and IFC also participated in the round.

6Degree: Mumbai-based fashion startup 6Degree has raised $0.4 million in a pre-Series A round of funding led by Indian Angel Network (IAN) and TAN Advisors.

BrowserStack: Mumbai-based website and mobile testing platform BrowserStack has raised massive $50 million in Series A round from Accel Partners.

PeeSafe: Gurugram-based toilet hygiene startup PeeSafe has raised $1 million via Compulsory Convertible Debentures (CCD) notes both from its existing and a clutch of new investors.

MoneyOnMobile: Mobile payment platform MoneyOnMobile has secured $7.6 million in Series F round of funding through preferred stock.

CureFit: Bengaluru-based fitness startup CureFit has secured $10 million in debt financing from HDFC Bank and Axis Bank. This is the second round of debt funding in the company.

Xpressbees: China e-commerce giant Alibaba, who was looking to invest in Pune-based logistics firm Xpressbees has finally sealed the deal with a whopping $35 million (Rs 224 crore) in the firm run by Busybees Logistics Solutions.

The Wedding Brigade: Wedding services aggregator The Wedding Brigade (TWB) has raised $1 million in a pre-Series A round of funding led by Blume Ventures.

eKincare: Hyderabad-based healthcare startup eKincare has raised $1.5 million in Series A funding led by Ventureast, Endiya Partners, Eight Roads, Touchstone Equities and former NASSCOM Chairman B.V.R. Mohan Reddy.